Author Archive: Bernews1
Dupplin Speaks At Qatar Conference
The insurance industry is not doing a good enough job of explaining its resilience in the face of recent adversity, according Hiscox Bermuda chief executive Charles Dupplin [pictured]. Speaking to delegates at the MultaQa 2012 re/insurance conference in Qatar today [Mar. 13], he said UK Chancellor of the Exchequer George Osborne had recently complained... Read more of this article
BASA Confirm New Bermuda Records
The Bermuda Amateur Swimming Association has confirmed a total of ten New Records set. During the Best of the Best Series first Event at the BASA Pool on March 03rd, Emma Harvey set the New Female 9-10 years – 200m Backstroke Record with a time of 2:25.58, the Previous record of 3:01.08 was set on June 08, 2002 by Rebecca Sharpe Harvey also broke... Read more of this article
Talbot Ends Abu Dhabi Joint Venture
Talbot Underwriting, Ltd., a wholly owned subsidiary of Bermuda’s Validus Holdings, Ltd., and Abu Dhabi National Insurance Company [ADNIC], one of the leading insurance companies in the United Arab Emirates, announced today [Mar.13] that they are ceasing their joint venture business Underwriting Risk Services Middle East Ltd. [URSME], which was... Read more of this article
Guy Sansom Joins UniRisk In London
Guy Sansom has been named managing director for Europe by Universal Risk Intermediaries, Inc., a part of Bermuda’s Universal Holdings. An insurance and financial firm which designs, organises and implements alternative risk transfer solutions, UniRisk works with major insurance carriers to develop profitable partnerships for companies, groups... Read more of this article
Upcoming: PRIDE ‘Celebrity’ Lock-Up
PRIDE Bermuda hosts its fourth annual “Celebrity” Lock-Up on Friday, March 30, 2012, when local personalities ranging from Cabinet Ministers to corporate VIPs will find themselves behind bars. They will be seeking to raise bail in the form of donations from friends, family and the public to aid community group PRIDE’s alcohol and drug prevention... Read more of this article
Women in Reinsurance Panel Discussion
Reinsurance industry networking group WiRe [Women in Reinsurance], last Thursday hosted a leadership panel discussion titled “Building Your Bench.” The industry leaders who have each successfully led a start-up reinsurance company were asked: how they chose their teams; what competencies, experience, skills, and personalities they sought... Read more of this article
Humpback Whales Matched To 1978
Two whales spotted in Bermuda waters last month were determined to be the same whales that were seen in waters off Canada almost 35 years ago. The whales were photographed in Bermuda waters on 29th February 2012, and were matched by Roger Etcheberry to those photographed by Professor Hal Whitehead on 21st August 1978 off Newfoundland, Canada. Photographed... Read more of this article
ICC Cricket To Be Streamed From UAE
The Bermuda Cricket Board will be live streaming the upcoming ICC World T20 Qualifier 2012 that will be held in the United Arab Emirates, courtesy of the ICC and Scots Multimedia Company. President of the BCB, Lloyd Fray stated, “I am very pleased that the Bermuda public will have an opportunity to watch our senior team in action during the tournament.... Read more of this article
Hockey: Cardinals & Wildcats Win
In the first game of the day at the National Sports Centre on Sunday [Mar.11], Swallows lost 5 – 0 to the Cardinals. Inspired by a 2 goal lead at half time, courtesy of Denise Downey and Pier Simons, Cardinals closed out Swallows in the second half with a further 3 goals from Caroline Gledhill, Candy Foggo and Rebecca DeAlliie. The Wildcats/Ravens... Read more of this article
Knightsbridge ‘Will Protect Contract Value’
Bermuda-based Knightsbridge Tankers Limited yesterday [Mar. 12] advised that the company has been contacted by Japan’s Sanko Steamship Co., Ltd. which asked ship owners for deferred payments in relation to hire payments. Sanko also sent out a press release on March 9 where they assure that they fully intend to meet all financial obligations and... Read more of this article
Scottish Re Tender Offer Expires
Scottish Re Group Limited announced yesterday [Mar.12] that the tender offer made by the company pursuant to an Offer to Purchase, dated February 10, 2012, and the related Letter of Transmittal, dated February 10, 2012, expired at 12:00 midnight, New York City time, on March 9, 2012 pursuant to the terms of the Offer. The offer had been made to purchase... Read more of this article
Change In SFI Management Team
Bermuda’s Ship Finance International Limited yesterday [Mar.12] announced that Eirik Eide, who is currently employed as Chief Financial Officer for Ship Finance Management AS, has submitted his notice of resignation and will leave the company during the second quarter of 2012 to join another shipping company. He will be succeeded by Harald Gurvin,... Read more of this article
